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2 years ago

Larry is assisting a buyer who's making an offer on his client's listing. If Larry is too helpful to the buyer, what might occur

1 answer:

5 0

If Larry is too helpful to the buyer, the thing that might occur is an implied agency and undisclosed dual agency

<h3>Who is a Buyer?</h3>

This refers to the person that is interested in or makes a purchase of a certain product for a given price.

Hence, we can see that based on their assistance of Larry to a shopper that is making an offer on an available listing, it can be noted that this is an Implied agency and an undisclosed dual agency because he would make an offer on behalf of the company.

Read more about implied agency here:

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A__________produces finished-goods inventory in advance of customer demand using a forecast of sales.

Korolek [52]

Answer:

Push system.

Explanation:

A push system produces finished-goods inventory in advance of customer demand using a forecast of sales and as such it is categorized as a make to stock because the production of goods are not based on actual demand by the consumers.

Under a push system, manufacturing is strictly based on a projected production plan and the flow of information between the manufacturer and the market is in the same direction with those of raw materials used.

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3 years ago

Young Company budgets sales of $112,900,000, fixed costs of $25,000,000, and variable costs of $66,611,000. What is the contribu

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Answer:

a. The contribution margin ratio will be 41%

b. The income from operations will be $12,420,000.

Explanation:

a. The sales are given at $112,900,000.

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The variable costs are $66,611,000.

The contribution margin will be

=Sales-variable costs

=$(112,900,000-66,611,000)

=$46,289,000

The contribution margin ratio will be

=(Contribution margin/sales)*100

=($46,289,000/ $112,900,000)*100

=41%

b. Now, if the contribution margin ratio is 40%.

The sales are given at $34,800,000.

The fixed costs are $1,500,000.

Income from operations or operating profit will be

=(sales*contribution margin ratio)-fixed cost

=$(34,800,000*0.4)-$1,500,000

=$12,420,000

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3 years ago

When employees who don’t want to attend an all-day workshop take the attitude "You can make me go, but you can’t make me pay att

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Answer:

The answer is lose-lose

Explanation:

In a lose-lose approach, one's actions hurt oneself as much as they do their opponent.

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3 years ago

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Answer:

50%

Explanation:

Here is important to know that when we have the inflation rate (1,50% in this case) this indicator is enough to get the effect of the prices in an economy and get the nominal GDP affected by prices, so if the price level is 1,50% after the comma we have the average of the growth.

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3 years ago

Which of the following statements are true? All costs in a merchandising company are period costs. Inventoriable costs are expen

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Answer:

Period costs are expensed when incurred and Period costs do not flow through the inventory accounts.

Explanation:

Period Costs are not included in the valuation of the product and these mostly include all non-manufacturing costs. They are included as an expense in the period in which they are incurred.

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3 years ago